Gambling in the USA
Continent 8 Technologies names Brian B. Koh as Chief Commercial Officer
Global technology veteran has been tasked with driving the company’s growth in key international markets
Continent 8 Technologies, the leading provider of managed hosting, connectivity, cloud and security solutions to the iGaming industry, has strengthened its senior management team with the appointment of Brian B. Koh as Chief Commercial Officer.
Brian brings a wealth of knowledge and experience to the role having held senior positions at global technology firms over a distinguished 20+ year career. He joins Continent 8 from Syntax, where he was Executive Vice President, and has also worked for the likes of IT Convergence and Core Services.
Brian has been involved in both executive roles and several corporate and non-profit boards across the US, Asia and Latin America. He has also been instrumental in building several large multinational companies to successful exits.
Based in New York and reporting directly to the company’s CEO, Michael Tobin, Brian has been tasked with continuing to build on the company’s ambitious growth plans and its go-to-market expansion. This includes developing and implementing its commercial strategy, where he will have crucial input into sales, account management, marketing and customer service.
He joins at a time when Continent 8 is expanding at pace, making strides in the fast-growing Latin American region where it has a presence in several regulated markets including Colombia and Puerto Rico, as well as North America where it is now live in 24 regulated US states and counting. Continent 8 operates globally, with a connected network of 85+ locations across four continents.
Michael Tobin, Founder and Chief Executive Officer at Continent 8 Technologies, said: “We have a world-class team at Continent 8 and our headcount has grown significantly over the past few years to ensure we remain at the top of our game. Brian is a significant addition to our team and comes at an exciting time for the organisation.
“As more countries embrace regulation and new markets open for business, we see a huge opportunity for Continent 8 to expand its reach and deliver our award-winning managed hosting, connectivity, cloud and security solutions to customers entering these jurisdictions.
“Brian has been tasked with overseeing our expansion, a job that he is undoubtedly the best person to take on. I look forward to working with him closely moving forwards.”
Brian B. Koh, Chief Commercial Officer at Continent 8 Technologies, added: “I am thrilled to join Continent 8 and its highly talented team as the business continues to grow and demand for its powerful suite of solutions increases.
“The opportunity to work with such a highly respected brand was one that I simply couldn’t turn down. Continent 8’s customer base and reputation in the industry is second to none, and I look forward to playing my part in the next chapter of Continent 8’s success story.”
Brian and the Continent 8 team will be at G2E Vegas at the Venetian Expo, 11-13 October, Booth #4410.
Gambling in the USA
Detroit Casinos Report $101.98M in September Revenue
The three Detroit casinos reported $101.98 million in monthly aggregate revenue (AGR) for the month of September 2024, of which $101.23 million was generated from table games and slots, and $755,519 from retail sports betting.
The September market shares were:
• MGM, 47%
• MotorCity, 31%
• Hollywood Casino at Greektown, 22%
Monthly Table Games, Slot Revenue, and Taxes
The casinos’ revenue for table games and slots for the month of September 2024 increased 1.2% when compared to the same month last year. September’s monthly revenue was 8.6% lower when compared to the previous month, August 2024. From Jan. 1 through Sept. 30, the Detroit casinos’ table games and slots revenue increased by 1.0% compared to the same period last year.
The casinos’ monthly gaming revenue results were mixed compared to September 2023:
• MGM, up 6.6% to $47.68 million
• MotorCity, up 0.5% to $31.17 million
• Hollywood Casino at Greektown, down 7.8% to $22.38 million
In September 2024, the three Detroit casinos paid $8.2 million in gaming taxes to the State of Michigan. They paid $8.1 million for the same month last year. The casinos also reported submitting $12.5 million in wagering taxes and development agreement payments to the City of Detroit in September.
Monthly Retail Sports Betting Revenue and Taxes
The three Detroit casinos reported $22.02 million in total retail sports betting handle, and total gross receipts were $771,751 for the month of September. Retail sports betting qualified adjusted gross receipts (QAGR) were down by 52.0% in September when compared to September 2023, and down by 55.4% when compared to August 2024.
September QAGR by casino was:
• MGM: $601,794
• MotorCity: $11,817
• Hollywood Casino at Greektown: $141,908
During September, the casinos paid $28,559 in gaming taxes to the state and reported submitting $34,905 in wagering taxes to the City of Detroit based on their retail sports betting revenue.
Fantasy Contests
For August 2024, fantasy contest operators reported total adjusted revenues of $613,448 and paid taxes of $51,530.
Gambling in the USA
Zula Casino Kicks Off its Spectacular 1-Year “Zula-versary” with a Month of Events and Promotions
Zula Casino launched its online social casino in the US exactly a year ago delivering more. More games. More rewards. More free-to-play entertainment through a personalized experience. Zula Casino marked its one-year launch by crossing the 1000 casino-game threshold – a milestone that positions it among the top platforms nationwide.
The month-long birthday bash intends to go over the top to give back to its amazing player community that helped make this first year so incredible. With its advent calendar format, players can unlock a special surprise each day ranging from a “Win-a-Vacation” event, a carnival event, free spins and new exclusive games, and a prize pool of over 25 billion Gold Coins (GC) plus 150,000 Sweeps Coins (SC) to be given out throughout the month. Over this period, Zula Casino will run other special events, including surprise happy hours with special coupons, various social media contests, and special giveaways.
“We’re incredibly proud of the player experience we’ve built over the last 12 months. The platform has garnered a substantial and loyal pool of players, and it’s not just because we offer one of the largest game selections from leading global providers, but also the exclusive experiences we’re providing, and the platform’s continued evolution with enhanced promotions, personalization, and seamless user experience,” said Tamar Laypan, Program Manager of Zula Casino.
Zula Casino has added over 1000 games across all categories over the past 12 months, including slots, jackpots, fish, table, plinko, megaways, crash, hold and win, tumble games, and more. These additions include top games like Big Bass Vegas and Fire Stampede, as well as branded exclusives like Gold Gold Gold 5000, supplied by Booming Games, and Sweet Bonanza 1000 by Pragmatic Play. With recent additions, Zula Casino now boasts 25 game providers, including Relax Gaming, Habanero, Evoplay, Pragmatic Play, RubyPlay, Gamzix, Let Us Entertain You Inc., to name a few.
Zula Casino flourished in a tough and highly competitive market, launching its proprietary-integrated platform in September of last year. With an average TrustPilot score of 4.6 and almost 9K reviews, the online social casino is among the highest-rated free-to-play sites in the market.
Zula Casino was also previously shortlisted for the prestigious Global SBC Awards in the category of “Rising Star in Casino”.
Gambling in the USA
NCPG Welcomes Diana Goode to the Board of Directors
NCPG has announced the appointment of Diana Goode to the National Council on Problem Gambling’s Board of Directors. Diana, who has served as the Executive Director of the Connecticut Council on Problem Gambling (CCPG) since May 2018, brings over 25 years of nonprofit leadership experience to this role.
In her time with CCPG, Diana has championed initiatives that address problem gambling and promote responsible gaming across Connecticut. Additionally, she has played an active role on the NCPG Affiliates Committee, contributing valuable insights from her years of experience.
Before joining CCPG, Diana held executive roles in nonprofits focusing on poverty alleviation and financial literacy in Connecticut. Her academic credentials include a degree from Dartmouth College and an MBA in Finance and Marketing from the University of Connecticut. She resides in the Greater Hartford area, where she remains deeply engaged in her community.
Diana will serve an interim appointment in the Affiliates seat on the NCPG Board of Directors until Spring 2025.
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